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Technology Stocks : Compaq
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To: trouthead who wrote (30268)8/3/1998 2:41:00 PM
From: CGarcia  Read Replies (2) of 97611
 
"Was digital profitable before the cpq buyout? If not then why do we expect quick profitablility after the buyout?"

Digital was only marginally profitable mostly because they didn't have the advertising power of a Compaq...Now that they ARE Compaq, you can expect Compaq's earnings to be nearly double their regular earnings, not only because they have twice the company power, but they've also corrected their recent inventory overstocking problems. Expect this stock to soar from 4th quarter 1998 through 2000 and beyond.
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